AUD/USD Price Analysis: At cross-roads below key 200-DMA

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• AUD/USD ends week down 0.33%, unable to hold above 0.6600, range-bound.
• Struggle to sustain gains above 200-DMA (0.6576); potential for upward trend watched closely.
• Key supports at 0.6551, 0.6524; rebound above 200-DMA may aim for resistances at 0.6620, 0.6652.

The AUD/USD finished Friday’s session on the back foot, down more than 0.15%, for a total of 0.33% losses in the week. At the time of writing, the pair ended at 0.6573, failing to stay above the 0.6600 figure, which exacerbated the Aussie’s drop below the key 200-day moving average (DMA).